Local

What homebuyers can expect to find at $1M on the Charlotte market

CHARLOTTE, N.C. — The Charlotte Business Journal is continuing a series that takes a closer look at the local housing market at various price points. This installment focuses on homes priced in the $1 million range.

When looking at local housing data from January through August, compared to the previous eight-month span in 2018, sales of homes on the market between $950,000 and $1.5 million rose 14.4% to 468 — up by 59 closings. Pending sales also increased 21.1% to total 574, up by 100.

The data on resale single-family homes, condominiums and townhouses across the greater Charlotte area comes from Canopy Multiple Listing Services Inc.

This photo gallery provides a visual element on what local homebuyers can expect to find on the market at or near $1 million. These homes span exclusive Charlotte neighborhoods like Eastover and Myers Park as well as communities around lakes Wylie and Norman and farther south into Waxhaw.

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